Collateralized loan obligations, or CLOs, are investment structures that divide a highly diversified portfolio of senior secured loans into multiple tranches that appeal to investors with varying risk and return appetites. Today, middle market CLOs are quickly growing in popularity and account for an increasing share of the global CLO market.

PennantPark is particularly well poised to execute on this growing opportunity, having programmatically issued middle market CLOs since 2019. We partner with qualified institutional investors that seek attractive CLO debt and equity investments, and encourage potential partners to contact us to learn more.